Examlex
The rapid acceleration of the New Imperialism was demonstrated by all the following EXCEPT
Floating Exchange Rates
A currency valuation system where exchange rates are determined by the free market forces of supply and demand without direct government intervention.
Interest Rates
The cost of borrowing money or the reward for saving, typically expressed as a percentage.
Creditor Nation
A country that has more investments abroad than other countries have in it, leading to a net positive international investment position.
Debtor Nation
A country with a net financial balance that is negative, meaning it owes more money to other countries than it is owed.
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